The microfinance industry consolidated in the 1990s and early 2000s with the dual aim of being financially viable and demonstrating that it could have a real social impact. It is only in the past 10 years that voices have also been raised in support of the third pillar of development, the environment. Since that time, talk has been of the “triple bottom line”, initially spurred on by some in the industry, such as funders and service providers.
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